productivity growth after nearly a quarter century of sluggish gains. To assess the role of information technology in the recent … rebound, this paper re-examines the growth contribution of computers and related inputs with the same neoclassical framework … information technology -- including computer hardware, software, and communication equipment -- surged in the second half of the …

in communications equipment do not fall nearly as fast as prices for those chips used in computers, and those differences …

is introduced--such as computers in the last thirty years. The new framework indicates that the contribution of computers … productivity slowdown. Combining the adjustments to multifactor productivity and the impact of computers implied by the model with …

Real equipment investment in the United States has boomed in recent years, led by soaring investment in computers. We … capital. We document that these two features stem from the special behavior of investment in computers and therefore propose a …

This paper examines the role that computers have played in boosting U.S. economic growth in recent years. The paper …

-up mechanism through capital accumulation where technology is embodied in new capital goods. Using a putty-clay model of production …